Godrej Properties could look at dilution of promoters’ holding in the company in the next six months.
LIC Housing Finance Ltd plans to launch a Rs 500 crore venture capital (VC) fund for urban infrastructure development by September, according to its Director and Chief Executive Officer, V K Sharma.
The Supreme Court on Friday, July 15, directed Sahara Group firm Sahara India Real Estate Corp to approach the Securities Appellate Tribunal against market regulator SEBI’s order directing the return of money collected from investors.
Singapore’s Lion Global Investors, which manages about S$29 billion ($24 billion), said on Thursday, July 15, it was turning bullish on Indian stocks and Wednesday’s bomb attacks in the country’s financial capital would not change its view.
UK-based real estate fund Trinity Capital Plc sold its stake in Kapstone Constructions Pvt. Ltd, a subsidiary firm of Mumbai-based developer Keystone Realtors Pvt. Ltd.
Real estate company Amrapali, which has been worst affected by the Supreme Court judgment regarding land acquisition in Greater Noida, today said it is refunding the entire amount to home-buyers who have opted out from its township in the area.
DLF has reportedly added over 3,000 advisors in its insurance joint venture DLF Pramerica Life Insurance during last fiscal for the future growth of the business.
Angel investors, Indian Angel Network has invested $1 million in the Mumbai-based real estate portal GrOffr.com for a minority stake.
Cinemax, India’s largest multiplex chain launched its flagship property in Pune, the second largest city in Maharashtra.
The DB group, Etisalat’s partner in India, has moved the Company Law Board (CLB) against the UAE-based company.